CFTC Backs Prediction Markets In 9th Circ. Fight With Nevada

By Aislinn Keely ( February 17, 2026, 9:21 PM EST) -- U.S. Commodity Futures Trading Commission Chair Michael Selig told state gaming regulators Tuesday that he intends to defend his agency's "exclusive jurisdiction" over prediction markets, starting with a brief to the Ninth Circuit backing Crypto.com in an ongoing brawl with Nevada regulators over its sports wagers....

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